December 23, 2025 10:32 AM
Public sector banks now competing with private, foreign lenders: Piyush Goyal at MSME Banking Excellence Awards
Union Minister of Commerce and Industry Piyush Goyal on Monday said public sector banks are today competing on an equal footing with private and foreign banks, reflecting the strengthening of India’s banking system and its growing role in supporting economic growth. Addressing the MSME Banking Excellence Awards in New Delhi, Goyal said public sector banks have emerged as strong and competitive institutions, standing shoulder to shoulder with private and foreign lenders in financing India’s ...